"The Fed's problem is that the market realizes that $300 billion in Treasury buybacks is just a drop in the bucket compared to $2.5 trillion in estimated net Treasury issuance this fiscal year," said strategists at UBS Securities.
Voltron says: will the Fed raise or fold? I'm betting they are going all in.
Full article: http://www.marketwatch.com/news/story/story.aspx?guid=%7BC7AC5229%2DE0FD%2D4C3C%2DBE46%2D74674D749EC8%7D&siteid=rss
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